Wage Rate
The agreed monetary compensation per hour for a person to accomplish work. This is the pay provided to the worker,
Whole-life Costing
Whole life costing refers to the process of evaluating the total cost of owning and operating a building or infrastructure
Work
Is the amount of effort applied to produce a deliverable or to accomplish a task, is everything required or supplied
Work breakdown structure (WBS)
A deliverable oriented decomposition of a project into smaller components. It defines and groups a project’s discrete work elements in
Worker
A person engaged in the accomplishment of work. In cost estimating, the hands-on workers contribute to the production and are
